It is a subsidy granted to the foreign buyer to reduce the overall interest rate cost of its export loans by stabilizing the loan rate at a subsidized fixed rate equal to the CIRR.

(Commercial Interest Reference Rate) and a non-repayable interest subsidy.


Thanks to this fund, several companies have made essential investments in internationalization through million-dollar loans with a finite interest rate decidedly close to zero and a share on which the beneficiary has paid only the interest and not the principal, thanks to the granting of some pre-amortization years.
Not bad!

For more information and legal advice on starting an export project with a foreign partner, please get in touch with us using the details.


This Article was written by “Italynlaw” Law Firm.

Image 8: Philadelphia’s skyline from the expressway (Pennsylvania, USA).

Source: Italynlaw.

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